Boeing aircraft, duty-free no more

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 21 April 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The scale and volatility of the trade war may be surprising, but tariffs aren’t new — unless you’re an aircraft manufacturer. (A trade agreement eliminated duties on commercial jets in 1980.) Last week, China told its airlines to reject Boeing deliveries, and since then at least two jets have been redirected to U.S. soil. Also in this episode: Student visa revocations could impede U.S. innovation in tech and science, home sellers are making concessions and consumers struggle with credit card debt.

Transcript

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0:00.0	If you've shopped online, chances are you've bought from a business powered by Shopify.
0:05.6	You know that purple shop pay button you see at checkout?
0:08.4	The one that makes buying so incredibly easy?
0:11.1	That's Shopify.
0:12.1	And there's a reason so many businesses sell with it,
0:15.0	because Shopify makes it incredibly easy to start and run your own business.
0:19.8	Shopify is the commerce platform behind millions of
0:22.2	businesses around the world, from household names like Mattel and Jimshark to brands just getting
0:26.8	started. If you want to see less carts being abandoned, it's time for you to head over to Shopify.
0:32.8	Sign up for a one pound per month trial and start selling today at Shopify.co.com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:47.7	All right, gang, we've got some things we have got to talk about.
0:52.9	From American Public Media, this is Marketplace.
1:01.8	In Los Angeles, I'm Kyle Risnell.
1:08.0	It is Monday today, the 21st day of April. Good is always to have you along, everybody. We are going to start today with a thought experiment. And it goes like this. What do you suppose would happen if you took the world's strongest economy, a place where unemployment was at historic lows, GDP growth was solid, if not spectacular. Consumers, while somewhat cranky as they
1:29.3	historically are, were generally feeling pretty good about things. And that country's place in the
1:33.6	global economy was respected and, in fact, envied. What do you suppose would happen if what
1:39.6	has happened here happened? The markets today give it away. The dollar is selling off. U.S.
1:45.1	Treasuries are selling off. Stocks are selling off. And America's place in the global economy
1:49.4	is suspect, if nothing else. We've gotten Martha Gimble on the phone to talk things over.
	...

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